Fintech company RiskFirst (A Moody’s Analytics Company) has won the Asset-Liability Management (ALM) product of the year award for its market-leading risk management platform, PFaroe, in the Risk Markets Technology Awards.
The 2020 awards, which recognise global best practice in risk management and technology excellence, drew 180 pitches across nearly 30 categories, with the winners decided by a panel of nine industry experts and two members of the Risk.net editorial team.
RiskFirst was commended for PFaroe’s powerful capabilities, its focus on innovation and its transformative impact on the pensions and investment industry. The PFaroe platform is an all-encompassing cross-balance sheet risk management tool – delivering detailed analysis on assets and liabilities, and enabling rich, informed analysis of a plan’s overall position. RiskFirst’s efforts to continually enhance its offerings to address evolving market needs, ensuring clients can rely on nimble, leading-edge solutions, were also recognised by the judges.
CEO of RiskFirst, Matthew Seymour, was presented with the award at the ceremony in London on 26th November.
Matthew Seymour said: “We are exceptionally proud to retain the award for ALM product of the year. Our continued success in this category reflects our commitment to enhancing the pensions and investment industry, and continuing to provide innovative, best-of-breed solutions for our clients – which include asset owners, consultants, asset managers and insurers – that help them make money and maximise efficiencies.”